The average salary for an Accounts Payable (A/P) Administrator in Toronto, Ontario is C$41,980 per year. Pay for this job rises steadily for more experienced workers, but goes down noticeably for the few employees with more than 20 years' experience.
|Salary||C$33,259 - C$48,644|
|Bonus||C$200 - C$5,500|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|C$34,416 - C$51,437|
Job Description for Accounts Payable (A/P) Administrator
Accounts payable (A/P) administrators (or managers) are responsible for the daily management of staff in the accounting department for a business. Their staff members can include accounts payable clerks and bookkeepers. They ensure the accuracy and timeliness of processes and payments. They are also responsible for ensuring compliance with federal and state government requirements. At times, they serve as a liaison for outside vendors, corresponding with them and responding to their inquiries.Read More...
Accounts payable managers prepare annual reporting and daily, weekly and monthly analysis and reconciliations. They may have to resolve discrepancies where they exist. They work closely with the purchasing departments, management, and the accounting departments they oversee. They typically work in an office environment on a normal Monday through Friday work week with standard business hours. They may, however, be required to work additional hours during peak accounting times, such as the end of year and tax seasons.
Accounts payable administrators may work in a wide variety of industries: They can be employed in the public or private sector, across all areas of government, as well as large and small private companies. Typically these companies require a minimum of a bachelor’s degree in accounting, business, finance, or a related field for an accounts payable manager. Several years of work experience is also usually required. Aside from those requirements, accounts payable administrators need to have a strong basis and understanding of accounting concepts, an advanced aptitude in spreadsheet software and excellent communication skills, both verbal and written. (Copyright 2018 PayScale.com)
Accounts Payable (A/P) Administrator Tasks
- Calculate the money a company owes and send payments to vendors.
- Manage a company's vendor billing system and update vendor files.
- Review invoices for accuracy and work to resolve discrepancies.
Accounts Payable (A/P) Administrator Job Listings
Pay by Experience Level for Accounts Payable (A/P) Administrator
Pay by Experience for an Accounts Payable (A/P) Administrator has a positive trend. An entry-level Accounts Payable (A/P) Administrator with less than 5 years of experience can expect to earn an average total compensation of C$39,000 based on 12 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Accounts Payable (A/P) Administrator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of C$45,000 based on 10 salaries. An experienced Accounts Payable (A/P) Administrator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of C$47,000 based on 10 salaries. An Accounts Payable (A/P) Administrator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of C$42,000 based on 5 salaries.
Key Stats for Accounts Payable (A/P) Administrator
Rated 3 out of 5
based on 5 votes.